COURSE OVERVIEW

 This course is designed to provide participants with a detailed and an up-to-date overview of Cash Flow Management. It covers the cash flow concepts, cash flow statement and types of cash flows in organizations; the difference between financial position and liquidity as well as cash flow versus budgeting and forecasting; the regulatory and compliance considerations of cash handling policies and controls; the taxation impact on cash flow, reporting standards and frameworks and internal audit and transparency; and the forecasting cycle, update frequency and cash flow forecasting techniques. Further, the course will also discuss the cash flow drivers, managing seasonality and uncertainty and integrating forecasting with business strategy; the tools and technology in forecasting and receivables and collections management; the payables and disbursement strategies, working capital optimization and cost control and efficiency measures; the cash pooling and centralization and managing surplus cash effectively; and the cash flow risk identification and cash flow stress testing.